Submitted by IslandChillin t3_z2zxf9 in history
aphilsphan t1_ixmwb8x wrote
Reply to comment by luke_in_geneq in Coins study suggests ‘fake emperor’ was real, say scientists by IslandChillin
You run into the problem of differences in silver/gold/etc content, so in addition to the difference in price between gold and silver themselves, the weights and purity of coins varied. Rome was a very sophisticated place to have a monetized economy under those circumstances. A merchant had to have a keen eye and good scales. It’s should be no real surprise that the economy in the West reverted to barter eventually. Imagine having a bag of euro and dollars and kroner today without access to a computer to know their immediate value.
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